Author: Defenceline Webdesk

Exencial Wealth Advisors LLC raised its holdings in Honeywell International Inc. (NASDAQ:HON – Free Report) by 36.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 81,211 shares of the conglomerate’s stock after purchasing an additional 21,770 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in Honeywell International were worth $15,844,000 as of its most recent SEC filing. A number of other large investors have also recently modified their holdings of the business. FSM Wealth Advisors LLC increased its holdings in shares of Honeywell International by 1.1%…

Textron debuted the RIPSAW M1 demonstrator on the floor of the Modern Day Marine conference Tuesday, hoping to catch the service’s eye as it expands its unmanned vehicle portfolio.“It’s really an early investment in what we believe the Marines will need in the future,” Sara Willett, Textron’s vice president of programs, told Defense One. “It’s not replacing something, but augmenting the capability that they have, keeping those Marines out of harm’s way and really providing additional effective range of both manned and unmanned platforms, is where we see it going.”The M1 is part of Textron’s Modular Open Systems Approach for…

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Thirteen months after his visit to India, New Zealand Prime Minister Christopher Luxon has described the recently signed India–New Zealand Free Trade Agreement as a historic milestone that transcends economic cooperation.He emphasised its strategic significance in the context of global uncertainties, noting that the agreement represents more than just trade.Luxon recalled his meeting with Prime Minister Narendra Modi in March last year, when negotiations were formally launched, and highlighted the rapid progress achieved since then.He credited Union Commerce and Industry Minister Piyush Goyal and New Zealand Trade Minister Todd McClay, along with their teams, for their tireless efforts in concluding…

Concurrent Investment Advisors LLC boosted its stake in Becton, Dickinson and Company (NYSE:BDX – Free Report) by 30.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,834 shares of the medical instruments supplier’s stock after acquiring an additional 4,196 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Becton, Dickinson and Company were worth $3,461,000 as of its most recent SEC filing. Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in Becton, Dickinson and…

Engineering major Larsen & Toubro has announced its entry into the industrial electronics segment, marking a significant expansion of its technology footprint and manufacturing capabilities.On 24 April, the company launched a new vertical, L&T Electronic Products & Systems (LTEPS), with manufacturing operations beginning at its Coimbatore campus in Tamil Nadu. The unit will be headquartered in Bengaluru and will serve business-to-business demand across high-growth sectors such as industrial robotics, power electronics and mobility.To start, two manufacturing lines have been commissioned at the Coimbatore facility, offering electronics manufacturing services to both domestic and international clients. L&T Chairman and Managing Director S…

Ashton Thomas Private Wealth LLC boosted its position in shares of American Electric Power Company, Inc. (NASDAQ:AEP – Free Report) by 1,131.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,830 shares of the company’s stock after purchasing an additional 28,326 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in American Electric Power were worth $3,555,000 at the end of the most recent quarter. Other institutional investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. bought a new position…

The Trump administration is facing new calls to halt U.S. exports of advanced AI chips to China after the White House warned last week that Beijing is attempting to copy components of American AI systems to build similar models of its own.Americans for Responsible Innovation, an AI policy advocacy group, told White House Office of Science and Technology Policy Director Michael Kratsios that the administration should bar exports of advanced chips that could help China use U.S. AI systems to develop similar capabilities, according to a letter sent Monday that was first seen by Nextgov/FCW.It comes after OSTP last Thursday…

Saab’s JAS 39 Gripen. Credit: Honza123/Shutterstock.com. Swedish defence prime Saab has recorded a decline in order bookings for the first quarter of 2026 (Q1 2026) as fewer large orders offset growth in medium-sized orders. The company registered Skr18.24bn ($1.9bn) in order bookings in Q1 2026, down 5% from Skr19.14bn for the same period last year. Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more Order booking was strongest in the company’s Surveillance business with Skr8.6bn bookings in Q1. During the quarter, net sales of Saab reached…

India’s defence establishment is moving closer to finalising a theatre command model that will introduce a rotational system for the post of Chief of Defence Staff (CDS), assign limited operational roles to Service Chiefs, and appoint three-star officers as theatre commanders with an emphasis on institution-building.The arrangement is designed to balance continuity with gradual reform, ensuring that existing command structures are not disrupted during the transition.Sources have indicated that the Vice Chief of Defence Staff will serve as the principal operational authority, with theatre commanders reporting to this office.In the initial years, the role may be held by a single…